Pulse Real Estate Monthly Monitor: March 2024
Key real estate trends, as they happened in the month of March
- Samantak Das
- Rohan Sharma
This report highlights an increase in retail space take-up in shopping malls, new residential launches, and strong demand for office space in most cities. The Karnataka State government has announced no hike in property tax in Bengaluru. Additionally, Prime Minister Narendra Modi inaugurated the Haryana section of the Dwarka Expressway, and the SWAMIH fund approved funding for a stalled real estate project by the Vatika group in Gurgaon. The report also reveals positive market sentiment and future supply projections in the retail sector.
What’s more? Dr. Samantak Das, Chief Economist and Head Research & REIS, shares his insights on ‘Retail market update: 2023-Year in review’ published by JLL.